While BEFE is rocketing through the bullish crypto market, Shiba Inu and PEPE coins are showing simultaneous growth. The sudden surge in Shiba Inu, PEPE coin, and BEFE is due to the rise of Bitcoin, which finally took the market out of its bearish period. But how far will the meme coins travel?
BEFE entered the crypto market back in November 2023, with zero tax and no presale value. Since the crypto market was already in the bullish zone, BEFE achieved its ATH of $0.001127 on December 27, 2023, and has been performing quite well since then.
Currently, BEFE is standing at $0.0004439, as recorded on March 21, 2024, indicating an increase of 5.07% in the past 24 hours. Some of the major reasons why BEFE might rise over Shiba Inu and PEPE coins are as follows.
BEFE has a unique staking policy where investors can only earn BEFE coins after staking their BRISE tokens, which attracts Bitgert investors towards the meme coin. Secondly, the meme coin has an overall circulating supply of 100 Billion coins, whereas the Shiba Inu and PEPE coins have 589.53 Trillion and 420.69 Trillion tokens, respectively. Due to its limited supply, BEFE is scarce in the market compared to Shiba Inu and PEPE coin, which affects its market value.
Lastly, BEFE has an engaging community on X and Telegram where the team shares memes, the current market value of the coin, and other updates, thus keeping its users engaged.
Shiba Inu was launched back in August 2020 when the crypto market was entering the bullish zone and investors were looking for meme coins to add to their portfolios.
The current value of Shiba Inu is $0.0000256, indicating a slight decrease of 2.71% in the past 24 hours. However, Shiba Inu is garnering traction due to the recent influence of Elon Musk, hinting that Tesla might use Shiba Inu for transactions.
Just like Shiba Inu, the PEPE coin achieved its peak potential of $0.000002892 on March 9, 2024, once the market entered the bull market.
Currently, the PEPE coin is rising, with the immediate PEPE coin price being $0.000000002327 indicating an increase of 30.07% in the past 24 hours. However, the monthly stats for the PEPE coin need to be looking better, with the percentile decreasing to 99.38%.
Looking into the current performance, BEFE has a high chance of overtaking both the Shiba Inu and the PEPE coin soon, with the possibility of the PEPE coin being its first victim. However, before you invest in Shiba Inu, PEPE Coin, or BEFE, make sure to research them, understand their values, and then put your money on the ones that seem right to you.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.